VANCOUVER, May 9, 2019 /PRNewswire/ - Pan American Silver
Corp. (NASDAQ: PAAS) (TSX: PAAS) (the "Company")
reported the voting results from its annual general and special
meeting of shareholders held May 8, 2019 in Vancouver, British Columbia (the "Meeting").
Each of the matters voted upon at the Meeting is described in
detail in the Company's Management Information Circular dated
March 18, 2019, which is available on
the Company's website at panamericansilver.com.
A total of 154,355,029 common shares were represented at the
meeting, being 73.70% of the Company's issued and outstanding
common shares. Shareholders voted in favour of all matters
brought before the meeting, including the appointment of auditors
for the ensuing year, the authorization of the directors to fix the
remuneration payable to the auditors, the acceptance of the
Company's approach to executive compensation, otherwise known as
say-on-pay, and the election of management's nominees as
directors.
Election of Directors
Director
Nominee
|
Votes
For
|
Votes
Withheld
|
Ross J.
Beaty
|
100,813,203
(91.00%)
|
9,972,028
(9.00%)
|
Michael L.
Carroll
|
110,338,341
(99.60%)
|
446,890
(0.40%)
|
Neil de
Gelder
|
105,752,567
(95.46%)
|
5,032,664
(4.54%)
|
Walter T.
Segsworth
|
106,227,678
(95.89%)
|
4,557,553
(4.11%)
|
Michael
Steinmann
|
107,039,417
(96.62%)
|
3,745,814
(3.38%)
|
Gillian D.
Winckler
|
107,200,363
(96.76%)
|
3,584,868
(3.24%)
|
Charles A.
Jeannes
|
109,230,827
(98.60%)
|
1,554,404
(1.40%)
|
C. Kevin
McArthur
|
100,574,097
(90.78%)
|
10,211,134
(9.22%)
|
Mr. David Press did not stand for
re-election to the Company's Board of Directors in 2019.
"On behalf of Pan American's Board and management, I would like
to thank Mr. Press for his contributions to the stewardship of the
Company over the past 11 years. His depth of knowledge and
experience in mining operations and project development were a
great benefit to the Company," said Ross
Beaty, Chair of the Board of Directors.
Say-on-Pay
Resolution
|
Votes
For
|
Votes
Against
|
Advisory resolution
approving the
Company's approach to executive
compensation
|
107,177,990
(96.74%)
|
3,607,238
(3.26%)
|
Appointment of Auditor
Resolution
|
Votes
For
|
Votes
Withheld
|
Resolution to appoint
Deloitte LLP as
auditors of the Company until its next
annual general meeting.
|
150,824,919
(97.82%)
|
3,365,826
(2.18%)
|
About Pan American Silver
Pan American is the world's
second largest primary silver producer, providing enhanced exposure
to silver through a diversified portfolio of assets, large reserves
and growing production. We own and operate mines in Mexico, Peru,
Canada, Argentina and Bolivia. In addition, we own the Escobal mine
in Guatemala that is currently not
operating. In 2019, we celebrate our silver anniversary: 25 years
of operating in Latin America,
earning an industry-leading reputation for operational excellence
and corporate social responsibility. We are headquartered in
Vancouver, B.C. and our shares
trade on NASDAQ and the Toronto Stock Exchange under the symbol
"PAAS".
Learn more at panamericansilver.com.
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SOURCE Pan American Silver Corp.